January 29, 2021

Vale extends settlement talks over mining disaster for 15 days

The parties have more time to reach a settlement over the 2019 Brumadinho disaster that killed some 270 people.

January 29, 2021

Debswana diamond exports fell 30% in 2020

Diamond exports from the company fell to $2.02 billion in 2020 from $3.05 billion in 2019.

January 29, 2021

China Molybdenum raises annual cobalt output target by 18%

Operator of the giant Tenke Fungurume mine in the DRC said it was targeting production of 16,500-20,100 tonnes of cobalt in 2021.

January 29, 2021

Brazil mining agency to hire more inspectors, allowing annual checks on all tailings dams

Minas Gerais state, home to Brumadinho, has only one inspector to inspect 364 dams.

January 29, 2021

Tianqi’s top shareholder to get up to $2.5bn injection

Chengdu Tianqi Industrial Group will receive up 16 billion yuan that may help the miner to pay down debt.

January 29, 2021

Peru to allow mining during new coronavirus lockdown

The government said on Thursday that mining, as well as fishing and construction, would be allowed to continue during the period from January 31 to February 14.

January 29, 2021

BHP and Vale’s Samarco hit with nearly $1 billion suit

Noteholders accuse the miner of ignoring their requests to restructure their debt.

January 28, 2021

Newmont retains lead in ESG ranking of miners with Vale last

Rio Tinto Group improved its score but continued to be weighed down by explosions that damaged two Aboriginal Australian sites.

January 28, 2021

Silver price surges as GameStop traders move into precious metals

Shares in small nickel and cobalt explorer GME Resources also jumped as much as 53%, apparently driven by the similarity of its stock ticker code to the US videogame retailer.

January 28, 2021

Barrick successfully ‘revives’ Tanzanian assets

Both the North Mara and Bulyanhulu gold mines produced at the top end of their 2020 guidance.